ABI launches initiative on Health & Safety standards

The Association of British Insurers has launched a new initiative that will recognise good Health & Safety standards, in the hope that it will give businesses greater access to the employers' liability insurance market. Making the Market Work will improve the operation of the EL insurance market, says the ABI, and will certainly come as a helping hand for both insurers and businesses as they have lately faced rising costs and higher premiums respectively. During the period between 1996 and 2002 alone, claims costs have risen threefold. Under the new initiative trade as...